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sam but the ways in which they do this are very different. if you just apply a flat tax on u.s. imports that's one way to push our trade back into balance that doesn't involve risks of crony capitalism, that doesn't involve risks to the government micromanaging the economy. if you say okay which is going to have a flat tariff of 10% or 20% or 30% whatever it takes to get to a zero trade deficit that doesn't introduce a lot of corruption or a lot of dangers bad policymaking because it's a very simple policy. it's just determined by an arithmetical formula and there's no opportunity for anybody to play games. one of the good things about it if you have a flat tariff, is if you had a 30% tariff on imported goods that's not enough to relocate the production of t-shirts that united states because cost is too great. it's great to relocate things like silicon wafer fabrication so would tend to relocate back to the u.s. high value capital-intensive skill intensive industries which is of course what we want to do. those are the industries that are high-quality -- high-quality into she
paying taxes up front that will fund retirees' and will eventually qualify for benefits. they are the issue. that is a question about social security reform. i think we do need is a security reform. >> i thank you for your work. i appreciate both of you being here today. senator.you very much senator schumer? >> thank you, senator feinstein. i thank you both of you for your great work on agriculture. i also want to see -- i also want to thank chairman leahy for having this hearing. it has been amazing and those of us in our little group cannot support him enough -- cannot thank him enough for supporting our bill. 90% ofi get started, what is in his bill is in our bill. overall it is very positive. >> thank you. i would like to really look that over. >> i will. the bill i to would like to ask that all of us do not jump to conclusions regarding the events in boston. we will try to complete those events with this legislation. we are a safer country when law- enforcement knows who is here, has their fingerprints, photos, conduct background checks, and no wonder these to look
at $400 a share. it's got more than $100 net cash even after paying taxes, so you're paying $3,000, any earnings down 25% from what's expected. he put a ten p-e on that and this is a very cheap stock unless you believe that earnings will decline every year from here on out. that's ahead of the case and we're not buying ahead of it because we like the position that we have, you know, but we think it's an exceptionally cheap stock at this level. >> it will be one of the most-watched numbers of the quarter. thanks so much. >> thank you. >> switching gears, they were grossly negligent in the lead up to the brokerage firm's collapse. kayla tausche has more on this story which she's been following from its earlier days. >> it seems like it's been forever, david. we're getting a 61-page lawsuit from the bankruptcy court in manhattan. it takes aim at john corzine and the coo and cfo breaching fiduciary duty as it entered a downward spiral in 2011. it seeks an unspecified amount in damages. trustees won approval for a liquidation plan. in a statement, trustee louis freeh says attempts at med med
have a worry about the consumer and tax refunds will start coming now. credit conditions support employment and certainly consumer staples look very expensive. >> what about utilities up 19% so far this year? utilities are up 16% and health care up 19%. is your money safe in there? will they continue to hold up? >> we've been overweight utilities so i'm not going to be too uncomfortable with that and that's improvement with natural gas prices and in health care it's been very much about dividends and that we saw reimbursement rates that were supposed to be cut recallier this year, and i think it's too late to be on the healthcare bandwagon. >> sectors like materials which have not been with the rally and do you think some of the underperforming sectors will catch up? >> we are worried about materials still and we have to be careful in the u.s., chemicals are 20% metals and mining and look at the s&p 500 materials sector. europe is a big problem for chemical companies and even though they have shale gas as a feed stock, the problem is 20%, 25% of their business is probably going t
put your finger on what we are trying to stay thougertain tax -- certairorize us some kid gets sin street and that terrorizes me because i live here. but that definition in webster has a connection to all legal definitions in that it is a political act. and generally, a political act against noncombatants. one military unit shoots another military unit. that is regular warfare. but when you intentionally attacked civilians for a political purpose, i think everybody agrees that was terrorism we have several elements here in boston. what we do not yet know is whether there was a political purpose. we are assuming there was, but we do not know they're wet -- that for a fact yet. host: someone on twitter reminds us that it was a pressure cooker believed to contain the bomb. likean see what this looks in the new york daily news. what is significant about this to you as we talk about such an easily homemade, crude instrument. guest: ball bearings, nails, pressure kircher ramallah -- pressure cooker, items you can go by this afternoon. look at what timothy mcveigh used, diesel fuel and fe
to have the same enthusiasm for paying taxes for the education of its college students today than it had during the cold war. >> anybody else? back in the red shirt in the middle here. >> one of the kingpins of hollywood, more behind the seasons, was lou wasserman who seemed to helped his forces to some political efforts. what was his leanings? was he considered to be a lefty, righty, or just a pragmatist. >> the question is about lou wasserman and his political lengs. -- political leanings. richard? >> lou was seniorman was essentially a man defeated to the welfare of universal pictures. that's what he did and how he defined himself. it seems to me that wasserman was in a certain sense value neutral so long as whatever was happening worked to the benefit of his studio and his enterprise, and it was a vast enterprise by the time it was -- it reached full maturity. i don't think he was -- i don't think he was evil man. he was just a guy really tending to business in a very, very, i must say, very effective way. there's no question in my mind at least, that he was the weeding ontrip -- the
sales tax would require retailers with sales of more than a million dollars to tax its shoppers. that could generate up to $23 billion a year in revenue. bay area-based ebay does not support the bill. its ceo emailed millions of users asking them to fight it. the u.s. senate began debating the bill yesterday. >>> 5:20. coming up the as did something they haven't done in almost a year. >> plus, buster posey led a giants comeback and an unlikely source finished it. >> first as we count down to opening day here's a look at the new bay bridge. we'll be right back. ,, when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. >>> taking a check now, fine across the golden gate bridge, no metering lights, delays through the livermore valley and through dublin-pleasanton. we'll have a check of more traffic and weather together every 10 minutes here o
flooding. we'll have a live report from hard-hit illinois coming up next. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. has oats t
. and, most importantly, president obama wants more taxes. >> correct. when was the last time an american president ever deliberately inflicted pain on the population in order to score a political point? >>brian: there was a delay in new york for two to three hours as well as chicago and atlanta. this is incredible. how long can that continue? >> it's going to go on in the future apparently. >>steve: could go through the summer. >> they are going to cut $637 million out of the f.a.a.'s budget. that will affect some of the 15,000 air traffic controllers. and they're expecting delays on 6,700 flights a day. >>steve: the extraordinary thing is of the f.a.a.'s budget, 70% is the payroll for the guys in the tower and what not. 70%. why don't they make the cuts to the 30% that doesn't involve -- >> why is it you've got more air traffic controllers today than you did a year ago, you're spending more on the f.a.a. today than a year ago and you can't cut out of there when incurring delays on the suffering public? >>brian: this segment is so much better than yesterday's; am i right, guy
-growth tax reform, entitlement reform in a way that preserves and protects medicare and social security. we need to get this done for the american people. if we do it, it means not only getting our spending under control, we will see economic growth. we will see job creation and economic growth. >> now he offered -- he showed a little bit of leg putting in his budget this issue of changing the way social security benefits are calculated and he immediately got slapped down by the head of the republican campaign committee in the house. was that productive? >> look. we've been talking about getting a process to get to a solution and it's got to be bipartisan. he he made a step in the right direction when he talked about starting to address entitlement reform and that's the problem. you've got to find a way where we can come together on a bipartisan basis and do it. his budget still had too much spending and again raising taxes, but at least he opened the door a little bit. we've got to find a way to come together and get this done. >> how do you get members of your own party not to criticize h
to shift the nation to a smaller government with less regulation and taxes. now, that rattles folks like the editor-in-chief of the rap.com, a hollywood web site, who writes, quote: the koch brothers are known for having funneled multiple millions of dollars into right-wing political campaigns. this news should make anyone who cares about journalism nervous. well, i care about journalism, i'm not nervous. the chandler family founded the l.a. times in 1888 as a conservative newspaper, and never mind that no complaints were raised after reports that democratic billionaires ron burkle and ely broad were interested in buying "the new york times." there's that old saying that freedom of the press goes to the guy who owns one. the key point here isn't red or blue or politics, it's green -- money. tribune company just emerged from chapter 11, and while liberal pillars in hollywood are interested mainly in buying only the l.a. times, the koch brothers may bid to buy all eight tribune newspapers combined, and that could better insure their survival. liz? liz: well, yeah. to be fair and balanced,
and use tax laws and for other purposes. mr. reid: mr. president, i would object to any further proceedings in regard to this bill. the presiding officer: objection having been heard, the bill will be placed on the calendar. mr. reid: mr. president, today this august body will honor the memory of 20 first-grade children, little babies who were gunned down, most of them shot multiple times. we will also honor the teachers and administrators who were killed that day in newtown, connecticut. but we're also going to honor with this legislation tens of thousands of others who were killed by guns each year here in america. we're going to do that by voting on a number of measures to strengthen the laws to prevent gun violence in this nation. mr. president, the families of innocents killed in newtown, aurora, in carson city, blacksburg, in oak creek and columbine really deserve these votes. where do i stand on these democratic proposals? this afternoon the senate will vote on a compromised background check proposal crafted by senators manchin, toomey, kirk and schumer, all experienced l
in new york city. new york already has the highest cigarette tax in the country, as of late last ye, 28 states banned smoking in all general workplaces, public places, including bars and restaurants. so this essentially would raise the age if it goes through to the same age where you can buy booze so booze a cigarettes in the same category. >> you wonder if that will backfire make mor kidshe same with alcohol wan to try i because you have to be 21 to have access to it. >> i don't know. >> i tnk it's a great idea. >> i do, too. >> there needs to be some tougher legislation. >> the good news is that new york smoking rateor teens in new york city is at like 8.5%, which is far less than the state average and the national average, but it's been stagnating. it had been dropping and now it's stagnating. i don't see anything wrong with it. >> this continues the long decline of smoking in america some numbers that stunned me t wasn't until 1998 that smoking was banned aboard all u.s. domestic flights under six hours. >> i remember we were talking about how it doesn't seem like it was that long a
Search Results 0 to 12 of about 13